Daewon Won an order for the New construction of 'Daewon Cantaville'
Neighborhood living facilities of 400 households in 5 buildings with 1 basement level and 25 stories above ground
· Written by : So-Won Park. Journalist.
In this regard, Daewon (CEO: Jeon Eung-sik) announced on March 26 that it had signed a contract for the “Boryeong Myeongcheon Daewon Cantaville New Construction” located in Boryeong-si, Chungnam province, Korea.
This project is a contract work to build a new apartment for 400 households in 18317m2
in 508-22, Myeongcheon-dong, Boryeong-si, Chungcheongnam-do. The contract amount
is 66.1 billion won (excluding VAT), which is about 20% of Daewon's 2018 sales
The construction period is 28 months, and construction begins at the end of May this year and is expected to be completed in September 2022. The complex consists of a total of 5 buildings with one basement level and 25 stories above the ground, consisting of 74-84㎡ units, and Daewon's apartment brand “Cantavil” is planned to be applied.
As Hannaecho, Daecheonjung, Boryeong Library and Community Center are adjacent to
the project site, the convenience of education and living is good. It is evaluated that the
location conditions are excellent as it is located next to the Boryeong Myeongcheon
Housing District, which is in the spotlight as a new living area in the future.
Daewon said, “We are striving to continuously win new orders even in difficult domestic
and overseas environments such as'Corona 19'. We will do our best to develop local
housing culture and satisfy customers through the successful promotion of this project.”
Meanwhile, Daewon is engaged in comprehensive development projects such as domestic and overseas housing, infrastructure, and urban development. It was founded in 1972 as
the mother of the textile business, and has 48 years of experience this year, and it was
listed on the KOSDAQ market in December 2017.
Currently, the apartment brand “Cantavil” has been supplying high-quality apartments for about 35,000 households across the country, including Seoul, Cheongju, and the
metropolitan area. Vietnam, which started with the establishment of a textile factory in
2001, has also established itself as a representative company that has succeeded in
localization through numerous successful cases such as housing, infrastructure, and urban development for 20 years.
Recently, platform projects such as shared offices are in progress targeting the Vietnamese domestic market. Daewon is expected to grow in the future as a sustainable company
through stable domestic business and business in Vietnam with an annual economic
growth rate of 7%.
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